Maruti scrip up 7.53 percent on plan to seek shareholder’s approval


marutyMumbai, March 18: Automobile major Maruti Suzuki’s scrip was trading up 130.80 points or seven.53 p.c around 3.18 p.m. Tuesday once the company aforesaid it’ll ask for minority investor approval to line up a plant in Gujarat as a unit of Suzuki Motor Corporation.

The company’s scrip at the Mumbai securities market was trading at Rs.1,867.00 — up 130.80 points or 7.53 p.c from its previous shut of Rs.1,737.10 on Fri.

Maruti Suzuki’s board decided to hunt the minority investor approval once the proposal Drew opposition from the company’s leading institutional investors.